To be fair I don't think fellow traders are gloating about how...

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Albright

1,827 Posts.

05/01/16

09:00

Post #: 16727934
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Originally posted by Teringie ↑

I am spewing about this, top 100 company, reportedly making 50 mill a year and paying 12 cent dividends. Yes there was a SMALL profit down grade and yes stock imparement, but no mention of default on debt or bankrupcy. If the banks can do this to a company like dick smiths with over 70 million in loans then they can do it to any asx company.

I feel so cheated at the moment, I have read all the announcements and also the annual report from last year. How can things turn so bad so quickly.

Yes, all the hero traders will say I should have known better, but apart from the share price plummeting, there was no mention or indication of administration, at least not for a few years.

Congratulations to all the non holders, feel free to continue sticking in the knive in and making us feel like crap. We have been dudded. I don't see how we could off seen this happening but the announcements made by the company.

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To be fair I don't think fellow traders are gloating about how they have made money at your expense and pain. Anybody that has been following this stock objectively over the last few months has had adequate warning to get out in my opinion. When a company is in distress the last thing I would be trusting is announcements released to the market or the media trying to talk the stock up.

DSH Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held
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